PROPERTY DESCRIPTION:

Walk-On's planned for Midland, TX. The larger pad size, ample parking, large 8,750 sq. ft. building will make the Walk-On's site stand out above the rest.

PROPERTY HIGHLIGHTS:

• Single Tenant Absolute NNN

• 15 Year Lease • 2019 Construction

• 10% rent increase every 5 years

• 54,597 VPD on Loop 250

• 23,014 VPD on Midkiff Road

• 16,167 Households in a 3-mile radius

• 49,575 Population in a 3-Mile radius

OFFERING SUMMARY:

Sale Price: $5,642,857

Cap Rate: 7.0%

NOI: $395,000

Lot Size: 1.76 Acres

Building Size: 8,750 SF

Price / SF: $644.90